How to Watch Top 25 Women’s College Basketball Games – Monday, November 25Gary Lineker jokes about his Match Of The Day exit as he returns to showPublished 00:23 IST, December 25th 2024 Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday said he has accepted the training policy recommendations made by the Capacity Building Commission. Amaravati: Andhra Pradesh Chief Minister N Chandrababu Naidu on Tuesday said he has accepted the training policy recommendations made by the Capacity Building Commission (CBC). The southern state inked an agreement with the CBC in August for employee training and the establishment of a global institute of good governance in Amaravati. "In a knowledge-driven economy, staying updated with the latest skills is crucial. As part of our efforts to enhance governance efficiency in Andhra Pradesh, I am pleased to announce the acceptance of the training policy recommendations by the CBC," Naidu said in a post on X. The chief minister also noted that these recommendations will serve as the foundation for establishing the Global Institute of Good Governance (GIGG) in Amaravati to drive transformative capacity-building initiatives. He said key programmes such as Mission Karmayogi will utilise advanced technologies like Artificial Intelligence for targeted skill development, guided by comprehensive skills census. According to Naidu, training will commence for critical departments such as police, revenue, municipal administration, Panchayati Raj, agriculture, education and health. "The government of Andhra Pradesh is also exploring innovative workspace solutions, including work from home models, to enhance productivity and efficiency," the chief minister said. Get Current Updates on India News , Entertainment News along with Latest News and Top Headlines from India and around the world. Updated 00:24 IST, December 25th 2024CMG LAWSUIT NOTICE: Chipotle Mexican Grill Investors are Notified of the Upcoming January 10 Deadline in Class Action Lawsuit – Contact BFA Law (NYSE:CMG)
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Mesirow Financial Investment Management Inc. raised its stake in Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 1.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 414,394 shares of the information services provider’s stock after acquiring an additional 4,035 shares during the period. Alphabet makes up 1.3% of Mesirow Financial Investment Management Inc.’s investment portfolio, making the stock its 15th largest position. Mesirow Financial Investment Management Inc.’s holdings in Alphabet were worth $68,728,000 at the end of the most recent reporting period. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. China Universal Asset Management Co. Ltd. boosted its stake in Alphabet by 70.6% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 101,230 shares of the information services provider’s stock worth $15,279,000 after purchasing an additional 41,880 shares during the period. Quent Capital LLC lifted its stake in shares of Alphabet by 3.6% in the first quarter. Quent Capital LLC now owns 31,171 shares of the information services provider’s stock valued at $4,705,000 after purchasing an additional 1,072 shares during the period. City of London Investment Management Co. Ltd. grew its holdings in shares of Alphabet by 70.5% in the 1st quarter. City of London Investment Management Co. Ltd. now owns 185,415 shares of the information services provider’s stock worth $27,961,000 after acquiring an additional 76,650 shares during the period. Vanguard Group Inc. boosted its position in shares of Alphabet by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 497,874,324 shares of the information services provider’s stock worth $75,144,172,000 after buying an additional 4,064,073 shares in the last quarter. Finally, TIAA Trust National Association grew its position in shares of Alphabet by 3.6% in the first quarter. TIAA Trust National Association now owns 1,093,974 shares of the information services provider’s stock valued at $165,113,000 after purchasing an additional 37,798 shares during the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock. Analyst Upgrades and Downgrades Several brokerages recently weighed in on GOOGL. Scotiabank raised shares of Alphabet to a “strong-buy” rating in a research note on Friday, October 11th. Evercore ISI raised their price target on shares of Alphabet from $200.00 to $205.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Phillip Securities raised Alphabet to a “strong-buy” rating in a research report on Friday, November 1st. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $190.00 price target on shares of Alphabet in a report on Wednesday, October 30th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $217.00 target price (up from $215.00) on shares of Alphabet in a research report on Wednesday, October 30th. Seven investment analysts have rated the stock with a hold rating, thirty-one have assigned a buy rating and five have given a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $205.90. Insider Activity at Alphabet In other Alphabet news, CEO Sundar Pichai sold 22,500 shares of the business’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $176.67, for a total value of $3,975,075.00. Following the transaction, the chief executive officer now owns 2,061,806 shares in the company, valued at $364,259,266.02. The trade was a 1.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website . Also, CAO Amie Thuener O’toole sold 682 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $160.44, for a total transaction of $109,420.08. Following the transaction, the chief accounting officer now directly owns 32,017 shares in the company, valued at approximately $5,136,807.48. The trade was a 2.09 % decrease in their position. The disclosure for this sale can be found here . Over the last ninety days, insiders have sold 206,795 shares of company stock valued at $34,673,866. Company insiders own 11.55% of the company’s stock. Alphabet Trading Down 1.7 % Alphabet stock opened at $164.76 on Friday. The firm has a 50 day simple moving average of $167.64 and a 200-day simple moving average of $170.35. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.95 and a quick ratio of 1.95. The stock has a market capitalization of $2.02 trillion, a PE ratio of 21.85, a price-to-earnings-growth ratio of 1.19 and a beta of 1.03. Alphabet Inc. has a 12-month low of $127.90 and a 12-month high of $191.75. Alphabet ( NASDAQ:GOOGL – Get Free Report ) last issued its earnings results on Tuesday, October 29th. The information services provider reported $2.12 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.29. The firm had revenue of $88.27 billion during the quarter, compared to analysts’ expectations of $72.85 billion. Alphabet had a net margin of 27.74% and a return on equity of 31.66%. During the same period last year, the firm posted $1.55 earnings per share. As a group, equities research analysts expect that Alphabet Inc. will post 8.01 EPS for the current fiscal year. Alphabet Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 9th will be given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 0.49%. The ex-dividend date of this dividend is Monday, December 9th. Alphabet’s payout ratio is 10.61%. About Alphabet ( Free Report ) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. Recommended Stories Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. ( NASDAQ:GOOGL – Free Report ). 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Abdul Samad Rabiu Africa Initiative is building a the Abdul Samad Rabiu Centre for Corrosion Research at the Federal University of Petroleum Resources The Vice Chancellor of the University mentioned that the center will contribute to local and international industries across the country He said the center will empower researchers with technology for preventing corrosion, strengthen oil and gas industry practices PAY ATTENTION: Follow our WhatsApp channel to never miss out on the news that matters to you! Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market. The Abdul Samad Rabiu Centre for Corrosion Research at the Federal University of Petroleum Resources (FUPRE), Effurun, Delta State, is now under development thanks to the efforts of the Abdul Samad Rabiu Africa Initiative (ASR Africa). The university is receiving a N250 million grant to build this center as part of ASR Africa's Tertiary Education Grants Scheme (TEGS), which helps the nation's higher education institutions raise the caliber of their educational offerings. Dr. Ubon Udoh, MD/CEO of ASR Africa, reaffirmed the dedication of Abdul Samad Rabiu, Chairman of ASR Africa and the BUA Group, to giving back to the African continent and leaving a lasting impression in the education sector during the groundbreaking ceremony. Read also Non-oil export in focus as Peterside is unveiled as keynote speaker at MAN 36th AGM PAY ATTENTION: Legit.ng Needs Your Help! Take our Survey Now and See Improvements at LEGIT.NG Tomorrow According to a release, he added that the university was chosen because of the high caliber of its educational offerings and its noteworthy contributions to oil and gas industry research and development. Prof. Akpofure Rim-Rukeh, the university's vice chancellor, expressed the institution's sincere appreciation to the chairman of the ASR Africa and BUA group for his kind donation of N250 million to establish the Abdul Samad Rabiu Center for Corrosion Research. According to the Vice Chancellor's speech, the center will boost oil and gas sector practices, give students access to state-of-the-art training possibilities, and equip researchers with corrosion prevention technologies. He said in a ThisDay report that the center will support both domestic and foreign businesses, establishing Nigeria as a pioneer in tackling the world's corrosion problems. In his words, “ASR Africa’s investment represents a remarkable commitment to advancing scientific research, supporting technological innovation, and addressing critical challenges within the oil and gas sector.” Read also BREAKING: FG sacks Nnamdi Azikwe University's VC, gives reason The chairman of the BUA Group, an African philanthropist and businessman, is the creator of ASR Africa. ASR Africa was founded in 2021 and offers locally developed, impact-based, and sustainable solutions to developmental problems affecting social, educational, and health development in Africa. Billionaire's company set to build new facility Legit.ng reported that one of the top producers of food in Nigeria, BUA Foods Plc, has partnered with IMAS, a well-known Turkish manufacturer of flour milling equipment, to construct four cutting-edge wheat and flour milling facilities with a combined daily milling capacity of 3200 tonnes. After making its debut on the Nigerian exchange (NGX), BUA Foods has made a strategic plan to expand into new markets, which includes this game-changing move. It is anticipated that the new factories will increase manufacturing capacity and supply more high-quality products, helping Nigeria handle its food difficulties. PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy! Source: Legit.ngKings break through in victory over the Kraken
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The Singapore Coffee Shop Heritage Gallery is a gift to the nation for Singapore’s 60th birthday in 2025, from the Foochow Coffee Restaurant and Bar Merchants Association. Built at a cost of about $600,000, the approximately 4,900 sq ft permanent gallery, will be free for the public to visit from Dec 2, 2024. SINGAPORE – Sock filters for straining coffee, ceramic cups and saucers with simple matching floral designs, and vintage soft drink glass bottles with nostalgic charm. These are a few of the nearly 3,000 artefacts and photographs going on show in a new heritage gallery highlighting the evolution of Singapore’s coffee shop culture. The Singapore Coffee Shop Heritage Gallery is a gift from the Foochow Coffee Restaurant and Bar Merchants Association to the nation for her 60th birthday in 2025. Built at a cost of about $600,000, the permanent gallery, which spans approximately 4,900 sq ft, will be free for the public to visit from Dec 2. It is located on Level 4 of the Foochow Building at 21 Tyrwhitt Road, and open from 10am to 5pm on weekdays. The association welcomes contributions of coffee shop artefacts from organisations and the public. When asked what the motivation behind the gallery was, Mr Hong Poh Hin, 76, chairman of the association, said: “Singapore’s coffee shops have grown and thrived with the nation, and... have become part of Singaporeans’ lives.” The association, whose history can be traced back to 1921, has over 300 members, who own more than 400 coffee shops here. Singapore’s coffee shops began over a century ago during the British colonial period. In the early days, hawkers operated from wooden carts. Over time, some rented shop spaces that shielded them from the sun and rain. They were mostly run by Chinese immigrants from Hainan and Fuzhou. By the 1950s, there were over 2,000 coffee shops across Singapore. From the 1960s to 1980s, the Singapore government implemented policies that transformed the scene. Street hawkers were not allowed to set up stalls on the streets. At the same time, urban redevelopment plans required many coffee shops in old shophouses to relocate to new housing estates. Owners of these coffee shops started renting out stalls to vendors selling a variety of food. Today, according to Mr Hong, there are about 1,100 coffee shops and food court, of which over 700 are in HDB estates. Besides serving the classic combination fare of coffee, soft-boiled eggs and kaya toast, and a variety of local food from different races, coffee shops have also welcomed Vietnamese, Thai and north-eastern Chinese cuisine to cater to evolving palates. Said Mr Hong: “Coffee shops are a microcosm of Singapore society. The increasing variety shows we are an open and multicultural society.” He added: “Coffee shops are not just for uncles and aunties, and will always be relevant to everyone. Young people these days don’t know how to cook. They eat out often, and coffee shops offer a good variety of budget-friendly meals.” (From left) Foochow Coffee Restaurant and Bar Merchants Association Singapore chairman Hong Poh Hin, assistant honorary secretary Sherry Lim, and honorary secretary Tian Took Earn, at the Singapore Coffee Shop Heritage Gallery. ST PHOTO: GAVIN FOO The Ministry of National Development and Housing Board rolled out a budget meal initiative in 2018 . Since then, all new HDB rental coffee shops that are tendered out to operators must provide budget meals and a budget drink. These are meals priced affordably, compared with the average price of meals sold at nearby eating places. Senior Minister of State for National Development Sim Ann told Parliament on Nov 13 that more than 440 rental and privately owned coffee shops are providing over 1,100 budget meals island-wide. She added that Singapore is on track to have all 374 rental HDB coffee shops offer budget meals by 2026. Beyond food, coffee shops also serve as social hubs for emotional connection and “coffee-shop talk”, bringing communities closer together, said Mr Hong. Ms Sherry Lim, 58, assistant honorary secretary of the Foochow Coffee Restaurant and Bar Merchants Association, said coffee shops also provide employment for many older workers. Approximately 30 per cent of coffee shop workers in various roles are aged 60 and above. While it is important to respect heritage, coffee shops also need to move with the times, she said. Some have adopted technology such as digital ordering systems, automated food preparation and coffee brew machines, to address manpower shortage and increase efficiency. However, coffee shops will remain cherished social hubs, she added. “Even if a coffee shop (goes) fully automated one day, it will still be a community node where people congregate.” Sock filters used for straining coffee, at Foochow Coffee Restaurant and Bar Merchants Association’s Singapore Coffee Shop Heritage Gallery. ST PHOTO: GAVIN FOO Join ST's WhatsApp Channel and get the latest news and must-reads. Read 3 articles and stand to win rewards Spin the wheel nowNone
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